Office condos to offer ‘home away from home’ in CTC
What if work were a home away from home? That’s the idea behind a luxury office condominium development in Louisville, a place with percolating ponds, expansive Front Range views and a “grotto” versus a lobby. Michael Eisenstein of Land Capital LLC, in partnership with Jason Collier, expects to break ground in approximately nine months on…
Kris Oppermann Stern
September 6, 2019
Coworking companies capture more space, imaginations
The last few years have seen an explosion in the office-share or coworking market, with office-share/coworking companies big and small leasing millions of square feet of office space across the country. And, by many accounts from industry insiders, there is much more coworking to come. Given the dramatic increase in office share and its potential to recast a large portion of the office sector of the commercial real estate market, it is worth taking a few minutes to review the office-share/coworking phenomenon and its potential ramifications for building owners and landlords as well as the office market.
CREJ
September 1, 2019
New owners of Fox North site ‘excited to get started’
This post is only available to subscribers of the the Colorado Real Estate Journal. If you have a subscription, please log in to view this post. If you do not […]
Kris Oppermann Stern
September 1, 2019Perlmutter buys land for SE development
Jordon Perlmutter & Co. has acquired 21.95 acres of land at Lincoln Executive Center in Centennial for development of approximately 300,000 square feet of industrial space. An affiliate, JP Grove LLC, paid $1.4 million for the property at East Caley Avenue and South Kenton Street, where it plans to develop four high-image buildings, likely in…
Kris Oppermann Stern
August 30, 2019Boston developer buys ‘Main & Main’ for $700 per sf
One of the most talked-about development sites in downtown Denver sold for $700 per square foot – a price that would put the some of the city’s top office buildings to shame. But 650 17th St. isn’t the kind of site they make anymore. “We’re starting to get totally built out. There are very few…
Kris Oppermann Stern
August 30, 2019
Copperleaf Place lures private investors, sells for $21.83M
A California investor beat out the competition to acquire a newly completed Fort Collins apartment community for $21.83 million, or $232,181 per unit. Warm Springs Holdings LLC bought Copperleaf Place from a Brinkman affiliate that developed the apartments in 2018. The 94-unit property is located at 3425 S. Shield St. in southwestern Fort Collins. David…
Kris Oppermann Stern
August 22, 2019
Etkin Johnson snags tenant for 136,610-sf spec building
Etkin Johnson Real Estate Partners signed a tenant for a new 136,610-square-foot speculative industrial/flex building at Louisville Corporate Campus, prompting construction of a second building in the campus. Charlotte’s Web Holdings Inc., a cannabidiol products company, signed a 10-year lease for 700 Tech Court. Dawn McCombs and Justin Rayburn of Avison Young represented the tenant.…
Kris Oppermann Stern
August 22, 2019
The impact of mill levies on property value
Developers from out of state, namely Texas, where real estate taxes are much higher, typically are pleased to see how low taxes are in Colorado.
CREJ
August 21, 2019
Equus buys, updates Gateway Centre
This post is only available to subscribers of the the Colorado Real Estate Journal. If you have a subscription, please log in to view this post. If you do not […]
Kris Oppermann Stern
August 21, 2019
Outdoors company to move headquarters to Interlocken
A Boulder-based outdoor gear company is moving its world headquarters to Interlocken. Exxel Outdoors LLC, whose brands include Kelty, Sierra Designs and Slumberjack, among others, will relocate to the 39,072-square-foot ESRI building at 1 International Court in Broomfield in the first quarter. Exxel affiliate Nolan Way LLC bought the building for $6 million, or $153.56…
Kris Oppermann Stern
August 19, 2019
